LONDON, June 19, 2025 – Proskauer, a leading international law firm, today announced it has advised Synova, the innovative growth and private equity investor, which currently manages more than £1.7bn of capital in the UK, Ireland and Continental Europe on its strategic minority investment in the accountancy firm Bishop Fleming.
Bishop Fleming is an award-winning, UK accountancy firm delivering expert audit, accountancy, tax and advisory services to SMEs, owner-managed businesses, public sector organizations, charities, schools, and private individuals.
The UK accountancy market remains highly fragmented and Bishop Fleming’s technology platform and cultural differentiation place it in a unique position to consolidate the regional UK market. Synova will support Bishop Fleming’s vision to become one of the leading national firms in the UK through strategic acquisitions; targeting geographic reach and service specialism.
The transaction remains subject to regulatory approval.
The Proskauer team was led by partner Andrew Wingfield and included associates Cathy Bellhouse, Eleanor Craven, Dylan Carty, and Charlie Thompson (M&A). The team also included partner Richard Miller and associate Emma McDonnell (Tax) as well as Barry Newman and associate Antonia George (Finance) and special counsel Nicola Bartholomew (International Labor & Employment).
Proskauer’s market-leading private equity team advises top-tier sponsors on complex deals across sectors - especially in people-driven and regulated industries like financial services, consulting, human capital, professional services, and employee-owned or founder-led businesses. We deliver industry-leading work where regulation, reputation, and talent retention are key. From platform acquisitions to exits, we guide clients through the full investment lifecycle. With deep sector insight and cross-border execution strength, we get deals done - fast, precisely and with impact.
About Proskauer
The world’s leading organizations and global players choose Proskauer to represent them when they need it the most. With 800+ lawyers in key financial centers around the world, we are highly regarded for our expertise combined with our pragmatic and commercial approach. Proskauer is the place to turn when a matter is complex, innovative and game-changing. We work seamlessly across practices, industries and jurisdictions with asset managers, private equity and venture capital firms, Fortune 500 and FTSE companies, major sports leagues, entertainment industry legends and other industry-redefining companies.